alt Hacker NewsThis is so strange to me. Hasn't Japan been printing money for like decades? How isn't their inflation completely out of control by now?
Replies
pjc50 • today at 8:00 AM
Printing does not of its own cause inflation. In Japan it seems that efforts to inject money into the economy end up immediately stuck in low interest savings accounts.
Your causality is backwards. The relatively loose monetary policy is because inflation (and economic activity) is too slow.